#Bitcoin_Update
As we predicted on our previous signal on Bitcoin, we are seeing an inverse H&S pattern formation is already on the way. If Bitcoin could manage to break the 11750 USD resistance area on the current or the next 2 candle sticks without a major rejection on the area, it will be a pre signal for a bullish run and if it can manage to go further and approach the next major resistance price level area between 12000 USD and 12257 USD it will be a confirmation for a bullish inverse H&S. We will give live updates further on the trade.
Stay Tuned.
@TogetherWeAccumulate
As we predicted on our previous signal on Bitcoin, we are seeing an inverse H&S pattern formation is already on the way. If Bitcoin could manage to break the 11750 USD resistance area on the current or the next 2 candle sticks without a major rejection on the area, it will be a pre signal for a bullish run and if it can manage to go further and approach the next major resistance price level area between 12000 USD and 12257 USD it will be a confirmation for a bullish inverse H&S. We will give live updates further on the trade.
Stay Tuned.
@TogetherWeAccumulate
Trade active
#Market_UpdateBitcoin is trying to hold and pump from the red resistance line and Alts might see a downward move till we got a stable point on Bitcoins trending movement. Use a tight stoploss on your Alts positions to be safe in the scenario.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.